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  Actual good news: Foreclosure solutions

Judge revives Dexia lawsuit vs. JPMorgan over mortgage claims

(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co <JPM.N> of misleading Belgian-French bank Dexia SA <DEXI.BR> into buying more than $1.6 billion of troubled mortgage debt. Full story

US rate on 30-year mortgage rises to 3.51 pct.

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing. Full story

Mortgage applications drop as rates rise: MBA

NEW YORK (Reuters) - Applications for home mortgages fell last week for the first time in more than a month as interest rates jumped, sapping demand for refinancing, an industry group said on Wednesday. Full story

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Articles

Ally, ResCap ink pact to settle potential claims

Fraud claims versus Goldman over Abacus CDO are dismissed

Consumer debt resumes decline in first quarter: NY Fed

Ally, ResCap creditors race to finalize settlement

Obama calls on Congress to help more homeowners

Obama urges Congress to back new housing regulator

ResCap creditors, Ally nearing deal on billions in claims

BofA sells $110 billion CMBS servicing rights portfolio to KeyBank

Nevada foreclosure rate led nation in April

Fannie Mae to send $59.4 billion to U.S. Treasury

Video

  Homeownership: Santelli Finds 'Fly in the Ointment'

CNBC's Rick Santelli talks with Glenn Schultz, Performance Trust about what's happening in the housing and mortgage market.

  Banks sued for flagrant violations

New York State Attorney General Eric Schneiderman joins Chris Hayes in an exclusive interview about why, after a multibillion dollar settlement, banks are still not living up to rules about mortgages and refinancing.

  Quicken Loans CEO on Lending

Will an improving jobs picture be a headwind for low mortgage rates? Bill Emerson, Quicken Loans CEO, weighs in.

  Help for homeowners (hopefully)

With a new nomination, President Obama may be offering struggling homeowners something they really need: some help with loan reduction in cases of underwater mortgages.

  Housing works?

Former New York Governor and Attorney General Eliot Spitzer, former Senior Vice President for financial innovation, planning and research at the Fannie Mae Foundation Jim Carr, and Rep. Elijah Cummings, D-Md., join Chris Hayes to discuss whether there is some real change finally coming down the pipe

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Related Photos

Members of the Mortgage Victims' Platform (PAH) hold a news conference before they present a request for a reconciliation act at the court in Valencia
Members of the Mortgage Victims' Platform (PAH) hold a news conference before they present a request for a reconciliation act at the court in Valencia

Members of the Mortgage Victims' Platform hold a news conference before they present a request for a reconciliation act at the court in Valencia, May 14, 2013. The platform was demanded by People Party's Member of Parliament Esteban Gonzalez Pons for invading his residence during an "escrache" pro

Members of the Mortgage Victims' Platform (PAH) protest inside the courthouse as other activists present a request for a reconciliation act at the court in Valencia
Members of the Mortgage Victims' Platform (PAH) protest inside the courthouse as other activists present a request for a reconciliation act at the court in Valencia

Members of the Mortgage Victims' Platform protest inside the courthouse as other activists present a request for a reconciliation act at the court in Valencia, May 14, 2013. According to local media, the platform was demanded by People Party's Member of Parliament Esteban Gonzalez Pons for invading

Members of the Mortgage Victims' Platform (PAH) leave the courthouse after they presented a request for a reconciliation act at the court in Valencia
Members of the Mortgage Victims' Platform (PAH) leave the courthouse after they presented a request for a reconciliation act at the court in Valencia

Members of the Mortgage Victims' Platform leave the courthouse after they presented a request for a reconciliation act at the court in Valencia, May 14, 2013. According to local media, the platform was demanded by People Party's Member of Parliament Esteban Gonzalez Pons for invading his residence

Florida house
Florida house

The house measures 8,000 square feet with 5 bedrooms and 7 baths. A monthly payment on the home would be $31,390, assuming a 20 percent down payment on a 30-year mortgage.